Section 6-8B-58 - Issuance of credit enhancement obligation--Findings and determinations of chapter1-16A. - South Dakota Statutes

6-8B-58. Issuance of credit enhancement obligation--Findings and determinations of chapter 1-16A. Any resolution or ordinance of a municipality or county approving the issuance of a credit enhancement obligation shall require that the health and educational facilities authority make the findings and determinations required by chapter 1-16A with respect to the credit enhancement obligation prior to the issuance and delivery of the credit enhancement obligation and the bonds or other obligations to be secured thereby.

Source: SL 1992, ch 3, § 7.